The US President-elect has claimed that the cost of a new aircraft to transport the president is "out of control." But Boeing said their contract with the government falls significantly short of Trump's estimates.
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Trump to scrap presidential plane order
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US President-elect Donald Trump on Tuesday called on the government to cancel its order with American aerospace company Boeing for new models of the Air Force One, which transport the president.
"Boeing is building a brand new 747 Air Force for future presidents, but costs are out of control, more than $4 billion (3.7 billion euros). Cancel order," Trump said on social media platform Twitter.
The US Air Force, which operates the president's aircraft, announced in 2015 that Boeing's 747-8 models would likely replace the two aging models currently in use.
The government is planning to commission a model that can fly direct from Washington to Hong Kong, approximately 1,000 miles (1,600 kilometers) farther than the current Air Force One aircraft.
The president-elect later doubled-down on his remarks, telling reporters that the alleged cost to the government was "totally out of control."
"I think it's ridiculous. I think Boeing is doing a little bit of a number. We want Boeing to make a lot of money, but not that much money," Trump said in the lobby of Trump Tower in New York.
'Unique requirements'
Trump's comments prompted Boeing's stocks to drop, although it pared its losses by the end of trading on Tuesday.
Boeing Company issued a press statement in the wake of Trump's tweet, saying their contract with the Pentagon did not yet extend to the purchase of any aircraft.
"We are currently under contract for $170 million to help determine the capabilities of these complex military aircraft that serve the unique requirements of the President of the United States," Boeing said.
"We look forward to working with the US Air Force on subsequent phases of the program allowing us to deliver the best planes for the president at the best value for the American taxpayer," it added.
According to budget documents, the revised Air Force Aircraft will witness extensive modifications, including military avionics, a self-defense system and advanced communications. The majority of the cost associated with the aircraft derives from research and development.
Trump: Mogul, populist, president
Already a real estate magnate, best-selling author and reality TV star, Donald Trump is about to become the 45th US president. Often regarded as an outlandish, comic figure, Trump will soon move into the White House.
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The family, the empire
Surrounded by the ones he loves, Donald Trump with his wife, Melania, daughters Ivanka and Tiffany, his sons Eric and Donald, Jr., and grandchildren Kai and Donald John III. His three eldest children are senior vice presidents in the Trump organization.
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From millionaire to billionaire
This picture from 1984 shows Trump opening Harrah's at Trump Plaza, a casino in Atlantic City, New Jersey. It's one of the investments that helped turn Trump, already a millionaire thanks to cash from his father, into a billionaire.
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Off to a good start
Trump inherited the money he used to launch his real estate empire from his father, Frederick. He gave his son a million dollars to start and then, upon his death, left Donald and his three siblings $400 million.
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What's in a name? Billions.
Donald Trump aggressively invested the money and experienced the market's highs and lows. Long-term success came thanks to Trump Tower in New York City. Trump has said he's worth some $10 billion, but he has not released financial information to prove the claim. Experts estimate he's worth about a third of that.
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"Very good, very smart"
That's what Trump had to say about himself. He studied at the renowned Wharton School of the University of Pennsylvania and graduated with a bachelor's degree.
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Captain Trump
Before college, Trump was sent to a military academy at the age of 13 to learn discipline. By the time he graduated, he had earned an officer's rank at the academy. During his campaign for president, he said he enjoyed the school's structure and military culture.
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Heel spurs instead of Vietnam
Despite the military education, Trump did not serve in the Vietnam War. He received four deferments while studying and a fifth for bone spurs in his heels. Trump will be the first US president to enter the White House without having previously served in a public office or the military.
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Wife number one: Ivana
In 1977, Trump married Ivana Zelnuickova of what was then Czechoslovakia. The pair had three children together, Donald John, Jr., Ivanka Marie and Eric Fredrick. The marriage, however, was plagued with rumors of extra-marital affairs and ended in 1990. Ivana was the one who created Trump's nickname "The Donald."
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Family number two
Trump later married his second wife, Marla Maples. Maples gave birth to their daughter Tiffany in 1993.
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Girls, girls, girls
Trump seemed to enjoy being photographed with women other than his wife by his side. He often visited beauty pageants and posed with young models. From 1996 to 2015, he owned part of all the Miss Universe pageants. Trump would later come under fire for an audio recording of him saying his fame allowed him to grope women without fearing consequences.
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The Art of the Deal
How do you make a quick million? Trump's best-seller "The Art of the Deal," which was part autobiography, part instruction manual for ambitious businessmen, tried to show readers the way. Already well-known, the book solidified Trump's spot in the public spotlight.
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Mixing business and entertainment
Like no other, Trump knew how to grab the public's attention, as seen here in a show for "World Wrestling Entertainment." His unique blend of business and entertainment acumen met in the reality TV show "The Apprentice" where candidates were hired and fired. Trump's favorite line from the show: "You're fired!"
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Trump's move into politics
Though he had previously had very little contact with governing or politics, Trump announced his presidential candidacy on July 16, 2015. He used "Make America Great Again" as a political slogan and during his election campaign insulted immigrants, Muslims, women and everyone running against him.
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Off to Washington
Whether the showman morphs into a statesman will be seen over Trump's four years in the White House. Views are split as he prepares to take office. But if his life so far is anything to go by, there is no telling what will be next.